President-elect Barack Obama has announced three members of his economic team, calling on the experts to devise a plan to address the concerns of both Wall Street and Main Street.
Experts have spoken out on the root causes of law firm failures and predict a steady number of mergers and dissolutions even after the economy recovers, shedding light on a matter of great concern to law firm management teams worried that their ships might be headed in the same direction as Heller Ehrman LLP and Thelen Reid Brown Raysman & Steiner LLP.
For all the change associated with President-elect Barack Obama, intellectual property experts do not expect much of it to be coming any time soon to the U.S. Patent and Trademark Office or the U.S. International Trade Commission.
Nonequity partners in the nation's law firms may be in for a rocky ride in the months ahead as management moves them up or out in a continued effort to weather the economic downturn, legal experts say.
The number of federal environmental lawsuits filed in 2008 has risen for the first time since 2005, suggesting that the Bush administration's drop in enforcement actions, growing state activism and the U.S. Supreme Court's ruling on greenhouse gas regulation all have worked to drive litigation upward — a trend that many expect to continue under the next president.
Gasoline refiners, importers and blenders will have to ensure that 10.21 percent of their fuel is made up of renewable energy sources next year, the U.S. Environmental Protection Agency has announced.
Although salaries in the legal profession might have leveled off, lawyers practicing in currently hot areas can expect to earn more in 2009, according to an industry salary guide.
A rough financial market has pressed law firm White & Case LLP to trim its associate head count by 70 and its nonlegal support staff by around 90, the firm announced on Tuesday.
There will likely be additional funding for the U.S. Equal Employment Opportunity Commission and some changes in the number and type of enforcement actions brought, but experts doubt there will be a radical shift at the agency once President-elect Barack Obama comes into office.
Even on the campaign trail, where discussions of antitrust policy are unlikely to be a crowd-pleaser, President-elect Barack Obama publicly criticized the Bush administration for being too lax on reviewing corporate mergers.
With a newly minted administration under President-elect Barack Obama set to sweep into Washington promising more regulation and increased enforcement actions in several sectors, is the era of the crusading state attorney general over? Not necessarily, according to attorneys who monitor federal regulations.
Google Inc. has decided to withdraw from a proposed online advertising partnership with Yahoo Inc. rather than face off with the U.S. Department of Justice in a protracted antitrust battle.
More than 10,000 lawyers, paralegals and law students around the country and 75 of the nation's top law firms have volunteered their time staffing call centers and monitoring polling stations to make sure that every American who is registered to vote is able to do so through Election Protection, a nonpartisan voter protection program spearheaded by the Lawyers' Committee for Civil Rights Under Law.
Though the economic downturn may push things back somewhat, experts anticipate that President-elect Barack Obama will move forward with pro-employee policies on both the legislative and regulatory fronts.
The New York State Worker Adjustment and Retraining Notification Act, which goes into effect Feb. 1, is more expansive and affects more employers than the federal WARN Act. Given the perilous time for companies, the law could instantly become problematic across the Empire State, experts say.
Forced to close up shop amid a wave of departures and bleak economic projections, Thelen Reid Brown Raysman & Steiner LLP is attracting a multitude of rival firms looking to pick through Thelen's assets and build up their own rosters.
Accounting firms will likely become a target of scorned investors trying to recover some of the money they lost in this bear market. But lawyers and law professors said plaintiffs may have a hard time getting their hands too deeply into the pockets of the firms.
Nine major banks participating in the U.S. government's equity purchase program are set to get their capital infusion from the Treasury Department this week, a department official said Monday.
October has been the most treacherous month so far this year for associates at top-tier law firms, marked by a whopping 226 pink slips amid Heller Ehrman LLP's implosion and wide-scale layoffs at institutions like Clifford Chance LLP and Sonnenschein Nath & Rosenthal LLP, Law360's analysis shows.
A number of high-profile law firm implosions and several rounds of lawyer layoffs have made many wonder whether pro bono work may have to take a back seat during a down economy.